UPI QR Payments Now Available in UAE: NIPL & Network Partnership

By By Rediff Money Desk, New Delhi
Jul 03, 2024 18:42
NPCI International Payments Ltd (NIPL) partners with Network International to enable UPI QR code payments across UAE merchants, making it easier for Indian tourists and NRIs to transact.
New Delhi, Jul 3 (PTI) NPCI International Payments Ltd in partnership with Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has enabled QR code-based Unified Payments Interface (UPI) payments through the latter's point-of-sale terminals in the UAE.

This initiative ensures seamless and secure transactions for Indian tourists and Non-Resident Indians (NRIs) across Network International's vast merchant network in the UAE, NPCI International said in a statement.

Network has over 200,000 POS terminals across over 60,000 merchants in sectors including retail, hospitality, transport, and supermarkets among others, it said.

UPI acceptance will be rolled out progressively, covering a wide range of establishments from retail stores and dining outlets, as well as tourist and leisure attractions including Dubai Mall and Mall of the Emirates, it said.

By enabling UPI acceptance through its POS terminals, Network will provide a QR-based safe and secure method for facilitating cross-border payments, it said.

This will allow Indian tourists and NRIs with Indian bank accounts to use UPI for payments across Network's POS terminals in the UAE, it added.
Source: PTI
Read More On:
upipaymentsqr codeindian touristsuaenrisdigital commerceniplcross-border paymentsnetwork internationalpos terminals
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com